The probability that the Fed will cut interest rates by 25 basis points in November is 62.2 per cent
The probability of a 25 basis point cut by the Fed by November is 62.2% and the probability of a 50 basis point cut is 37.8%. The probability of a cumulative 50 bps rate cut by December is 36.6%, the probability of a cumulative 75 bps rate cut is 47.8%; and the probability of a cumulative 100 bps rate cut is 15.6%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
150 BTC transferred from an anonymous address to an exchange